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Original poster

Tax credits and savings

31 replies

EldonAve · 19/08/2013 16:35

Can you claim tax credits if you have savings? I know there used to be a £16K limit - does this still apply?

OP posts:
HystericalParoxysm · 24/08/2013 23:24

So, morethan, what does that mean for anyone with a property they rent out? Is that a business?

OrangeFlower7 · 25/08/2013 14:17

Thanks ivykaty

reillys1 · 05/03/2018 20:27

How much savings can you have when on tax credits

reillys1 · 05/03/2018 20:28

And does anyone know do u need tell hmrc it or just on interest made. Thank you

Babyroobs · 05/03/2018 21:52

For tax credits you can have as much in savings as you like but you have to declare any interest earned if it's over £300 a year.
You cannot claim Universal credit with capital over 16k.

reillys1 · 05/03/2018 23:09

Thank you just worried incase I'm meant to mention savings

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